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OK_Rane
Aug 23, 2022 2:17 PM

Evening Star 

S&P CNX NIFTY INDEX FUTURESNSE

Description

Another reversal pattern at important juncture,
It seems like profit booking has occurred at supply zone.
Evening Star formation:
The support holds at low of first candle and same level has been tested today
17300-350 level is the point of the control zone, it has maximum volume spread.
Price pattern has created a confluence zone,
It would act as strong support but if it goes below it, heavy selling is likely to occur
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